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EURUSD Forex Forecast (Updated Daily)


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Forecast for May 16

 

Good morning everyone,

 

Today we're expecting the EURUSD to proceed short below the barrier levels of 1.41352 and 1.41003. Attached is the visual of our forecast for May 16, 2011.

 

Regards,

 

Forex Watchers Team

 

http://www.urbanforex.com/images/forecasts/may16/May. 16_01.jpg

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Forecast for May 18

 

Good morning everyone,

 

Today we're expecting the EURUSD to proceed Long above the barrier levels of 1.41584 and 1.41159. Attached is the visual of our forecast for May 18, 2011

 

Regards,

 

Forex Watchers Team

 

http://www.urbanforex.com/images/forecasts/may18/May. 18_02.jpg

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Forecast for May 19

 

Good morning everyone,

 

Today we're expecting the EURUSD to proceed Long above the barrier levels of 1.42427 and1.41985. Attached is the visual of our forecast for May 19, 2011.

 

Regards,

 

Forex Watchers Team

 

http://www.urbanforex.com/images/forecasts/may19/May. 19_03.jpg

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Forecast for May 20

 

Good morning everyone,

 

Today we're expecting the EURUSD to proceed long above the barrier levels of 1.42289 and 1.42573. Attached is the visual of our forecast for May 20, 2011.

 

Regards,

 

Forex Watchers Team

 

http://www.urbanforex.com/images/forecasts/may20/May. 20_03.jpg

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Forecast for May 23

 

Good morning everyone,

 

Today we're expecting the EURUSD to proceed short below the barrier levels of 1.42296 and 1.42581. Attached is the visual of our forecast for May 23, 2011.

 

Regards,

Forex Watchers Team

 

http://www.urbanforex.com/images/forecasts/may23/May. 23_01.jpg

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Forecast for May 24

 

Good morning everyone,

 

Today we're expecting the EURUSD to proceed long above the barrier levels of 1.39774 and 1.40197. Attached is the visual of our forecast for May 24, 2011.

 

Regards,

Forex Watchers Team

http://www.urbanforex.com/images/forecasts/may24/May. 24_02.jpg

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Hi,

 

The price had been bounced at 3rd bar to your buy area, so your forecast means the price will comeback to the buy area again?

Hope you are right. I am counting on you.

 

The price did not come back to the BUY AREA, Again make no money.

 

May 20 - Lost Money

May 23 - No money made.

May 24 - Well done, on end of 2am, hit buy area and can profit 15~20pips

 

Forcast Accurracy, give you 33%

Edited by ArtOfTrade
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Forecast for May 25

 

Good morning everyone,

 

Today we're expecting the EURUSD to proceed short below the barrier levels of 1.40896 and 1.41380. Attached is the visual of our forecast for May 25, 2011.

 

Regards,

Forex Watchers Team

http://www.urbanforex.com/images/forecasts/may25/May. 25_01.jpg

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Forecast for May 26

 

Good morning everyone,

 

Today we're expecting the EURUSD to proceed long above the barrier levels of 1.40404 and 1.40771. Attached is the visual of our forecast for May 26, 2011.

 

Regards,

Forex Watchers Team

 

http://institution.forexwatchers.com/market-analysis/data/May.-26_02.jpg

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Good morning everyone,

 

Today we're expecting the EURUSD to proceed long above the barrier levels of 1.40404 and 1.40771. Attached is the visual of our forecast for May 26, 2011.

 

This round, 3 out of 5 forecast accurracy 60%, May 26 can profit 50+ pips. However, if getting larger sample size from beginning, the accuracy should be

less than 50%.

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Forecast for May 27

 

Good morning everyone,

 

Today we're expecting the EURUSD to proceed Long above the barrier levels of 1.41379 and 1.41778. Attached is the visual of our forecast for May 27, 2011.

 

Regards,

Forex Watchers Team

 

http://institution.forexwatchers.com/market-analysis/data/May.-27_02.jpg

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Good morning everyone,

 

Today we're expecting the EURUSD to proceed Long above the barrier levels of 1.41379 and 1.41778. Attached is the visual of our forecast for May 27, 2011.

 

Regards,

Forex Watchers Team

 

 

Well, May27, 2011 price did not hit Buy Area.

3 corrects out of 6, 50% accuracy only.

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hi montapicolhos,

 

Great stuff - Elliotwave and fibonacci.

 

Please allow me to learn from you, based on your method, rewind back to history, how you predict the May 20, to see the downtrend and not buy area ?

 

Hi ArtofTrade,

I dont quite understood your question, but if you want my opinion why the market as going down on the 20th May, according to my method was because of the that wave wich I think is an A, has arrived to the 223.6 & 261.8 extension of his wave 1 and also has made a double top with 13th May. Usually Eurusd returns on the 223.6 but if there is a nearby S/R it will go a little further to catch the orders. If its accelerated it goes sometimes to the 500% extension, but that was not the case because of the nature of wave A wich is a countertrend. The difficulty of my method is sometimes to identify wave 1 & 2 in order to make the projection. Regards.

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Forecast for May 30

 

Good morning everyone,

 

Today we're expecting the EURUSD to proceed long above the barrier levels of 1.42096 and 1.42458. Attached is the visual of our forecast for May 30, 2011.

 

Regards,

Forex Watchers Team

http://institution.forexwatchers.com/market-analysis/data/May.-30_01.jpg

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Good morning everyone,

 

Today we're expecting the EURUSD to proceed long above the barrier levels of 1.42096 and 1.42458. Attached is the visual of our forecast for May 30, 2011.

 

Regards,

Forex Watchers Team

 

Forecast did not hit the Buy Area.

3 out of 7 => 42% accuracy

Edited by ArtOfTrade
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Hi ArtofTrade,

I dont quite understood your question, but if you want my opinion why the market as going down on the 20th May, according to my method was because of the that wave wich I think is an A, has arrived to the 223.6 & 261.8 extension of his wave 1 and also has made a double top with 13th May. Usually Eurusd returns on the 223.6 but if there is a nearby S/R it will go a little further to catch the orders. If its accelerated it goes sometimes to the 500% extension, but that was not the case because of the nature of wave A wich is a countertrend. The difficulty of my method is sometimes to identify wave 1 & 2 in order to make the projection. Regards.

 

Oh! your charting deleted. I saw the double top, the rest of fibs could not figure out. You method a bit complicated. Anyway, thanks

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Oh! your charting deleted. I saw the double top, the rest of fibs could not figure out. You method a bit complicated. Anyway, thanks

I have deleted because it needs some update and I haven´t time. Anyway look at the fall that I think it will gonna happen today within 2 or 3 hours on the eurusd around 1.4436. Also check my forecast on the NZDUSD on another thread.

I think my method is not complicated but it needs some elliott, trendlines and S/R knowledge. The trick is to figure out wave 1 and 2, make their projection and follow the trend making special attention to wave 4. When you think that all the wave is over you bet on the opposite direction. Thats it!

Regards

Edited by montapicolhos
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